Imagine the banking world like a hurdle race. But, do all banks play the game by the same rules? Steven Ongena and Thomas Mosk from the UZH Department of Banking and Finance show in a study that national authorities assist banks to pass stricter supranational requirements.
If you would like to further deep-dive into the topic, you can find the link to the working paper "Supranational Rules, National Discretion: Increasing versus Inflating Regulatory Bank Capital" here: papers.ssrn.com/sol3/papers.cfm?abstract_id=3731333
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